LSE

The value of a company's assets relative to the number of shares it has.

A situation in which one person's gain is another's loss.

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

The famous greenback our friends in the US use as currency.

The currency exchange rate a bank quotes, valid with immediate effect.

The total price payable on the purchase of a gilt. It’s calculated as the clean price plus accrued interest.

London Stock Exchange, which was founded in 1571 and now has a market cap of almost $5 trillion.

An investment that provides a fixed rate of return, often over a specific set of time.

Unique to the UK, these funds pool together money to invest from multiple investors.